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NextEra Fights For $60M Fee From EFH Ch. 11 At 3rd Circ.

Law 360 –

NextEra Energy Inc. urged the Third Circuit on Thursday to revive its bid for $60 million in administrative expenses in connection with a scrapped deal to purchase assets from bankrupt Energy Future Holdings Corp., arguing that it spent the money in reliance on a sale termination fee that was later taken off the table.

Thu Jul 2, 7:56pm